Quote from: thejaytiesto on July 08, 2016, 04:45:58 PM

Damn, all those people that tried to short and hasn't bough back in already must be really mad. It was so clear that all you had to do is keep buying the dips as they always happen and after the dip is done, the price always goes up no matter what. Bitcoin has only been going UP for years now since the last 150 dollar bottom! people getting out of Bitcoin are INSANE. Big, big, big gains in the future awaits for holders.

Everyone I know who shorted, already took profits, and are now long......

.......most of them will be selling around $670, and will likely be looking to reshort for the next big leg down.

I liked the short from around the $670 level, but was asleep when the trade setup triggered.....I liked long after the double bottom at $610 accompanied with 61.8% tag and bull div on 1hr MACD....but I was out at social occasion when trade setup triggered.....

......what is the point in wetting your pants over a perfectly rountine counter-trend bounce, as Bitcoin steadily works it's way down to $450?

I advise you to stop being a Bitcoin supporter, cos it doesn't support you, and it doesn't even support the Chinese Bitcoin Cowboys who have taken the thing over, and who intended to run Bitcoin as their own personal cash cow......these boys are running into troubles, and that should be of great concern to any foaming at the mouth Bitcoin Kool Aid guzzling nutter, like yourself.